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Business Finance Junction – July 2014

Business Finance Junction – July 2014

by admin | Jul 4, 2014 | Blog, Business, Business Finance Junction, Business Notes, Economy, Finance, Monthly Musings, News, Newsletter, Noteworthy News, Small Business Blog

The FPC (Financial Policy Committee) has proposed new rules for mortgage lenders which caps loan-to-income ratios and includes interest rate stress tests. Lenders will not be able to have more than 15% of new mortgages at loan-to-income above 4.5 times and it applies...
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